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Projections by the 49 economists in the Bloomberg survey ranged from 49 to 53.8. The group. is a growing perception that now is a good time to buy. Prices are starting to tick up, mortgage rates.
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Going forward, we expect mortgage rates to remain affordable and we expect an improving job market to boost household formation as the millennial generation leaves the nest. Higher interest rates do.
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Prices in the three months to March were 2.7% higher than a year earlier, up from the 1.8% annual growth recorded in February. The figures were an unexpected boost for the housing market.
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The Commerce Department will release the housing starts data at 8:30 a.m. in Washington. Estimates in the Bloomberg. housing market is also giving a lift to brokers and mortgage lenders. Redwood.
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The mortgage upstarts that transformed the industry after the U.S. housing crash are now facing their own shakeout. Soaring expenses are squeezing profits for nonbank lenders, which have grown to.